Cryptocurrencies To Watch: Week of May 15


Keep an Eye on These Coins

The cryptocurrency market has had a middling week in terms of prices, with most tokens’ values remaining flat. The market is gearing up for some big regulatory changes, especially in the U.S. A handful of tokens dominated the market in the latest week.

We examine Kava (KAVA), Bitcoin SV (BSV), Lido DAO (LDO), Rocket Pool (RPL), and Litecoin (LTC). In selecting these assets, we have considered several factors, including positive technical developments, significant news events, and noticeable changes in price.

Key Takeaways

  • Kava (KAVA) jumped 48%, possibly because of the impending Kava 13 mainnet upgrade.
  • The price of Bitcoin SV (BSV) has risen by more than 17%, perhaps because users are switching to BSV from Bitcoin of congested trading for the latter as a result of Ordinals.
  • Lido DAO (LDO)’s price increased more than 13% as Lido DAO has posted a spike in transaction volume.
  • Rocket Pool (RPL) is up by about 11%, possibly because of the advance in ETH staking after the Shapella upgrade.
  • Litecoin (LTC) is up by more than 10% ahead of the…

Read more…